---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-25-000054"
form_type: "8-K/A"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T17:29:39.841834+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "medium"
source: SEC EDGAR
---

# TXNM Energy unregistered equity sale to BIP; commission up to 1%

## Summary
- Securities sold under Stock Purchase Agreement in reliance on Section 4(a)(2) exemption.
- TXNM will pay commission of up to 1% of aggregate offering price on the issuance.
- Proposed transaction with BIP requires shareholder vote; proxy statement to be filed.
- Amendment solely adds Item 3.02 disclosure; no other changes to prior 8-K.

## SEC filing metadata
- accession: 0001108426-25-000054
- form_type: 8-K/A
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: medium
- sec_items: 3.02, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842625000054/0001108426-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842625000054/pnm-20250519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-25-000054
- JSON: https://secwatch.observer/filing/0001108426-25-000054.json
- Plain text: https://secwatch.observer/filing/0001108426-25-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.